I was thinking of replacing my NG water heater with one of the new
tankless ones until I saw the price, about 2K bucks installed. I took
a look at my gas bill for the summer months and figure my current
water heater is costing me about $220 a year to operated and from the
manufacturere info I could save 10 to 20 per cent if I got with the
tankless unit or 22 to 44 dollars a year. Am I missing something here?
This doesnt seem worthwhile at all. The thing would probably need
replacing before I ever reached a break even point.

Jimmie